Get the help you need to buy the property you want using an experienced buyer’s agent in Perth.
Navigating Perth’s property market on your own can be a daunting task. With competition for properties at an all-time high and affordable housing increasingly hard to find, any slight advantage you can gain over other buyers is crucial.
This is where a buyer’s agent can be a big help. Also known as a buyer’s advocate, a buyer’s agent is a licensed professional who works on your behalf to find the home you want at a price you can afford. If you’re looking for a trusted and experienced buyer’s agent in Perth, here’s how you can find the perfect person for the job.
How to choose the right buyer's agent
There are several factors you need to consider when choosing a buyer’s agent. Not only do you want someone who is knowledgeable and experienced in the Perth property market, but you also need that person to be able to communicate regularly and effectively with you.
What does it cost to use a buyer's agent?
There are two main ways in which buyer’s agents will charge you for their services:
- A flat fee. If your agent charges a flat fee for services, it could be anywhere from $5,000 up to $15,000.
- A percentage fee. Some agents calculate their fees based on the price of the property you buy, and this fee could be anywhere between 1% and 3% of the property purchase price. So if you were buying a property at Perth’s median sales price of $475,000, your buyer’s agent fee could range anywhere from $4,750 to $14,250.
It’s also important to check the fine print to find out when those fees will be charged. While some agents don’t have any upfront fees, others will require you to pay an initial fee when you engage their services and then settle the remaining balance when you purchase a property.
Learn more about how you can negotiate a better deal on your fees in our handy guide
Buying a property in Perth? Here's what it will cost
As at 31 March 2017, Perth’s median dwelling price was $475,000, which represented a 4.7% drop compared to the previous year. This makes Perth Australia’s sixth most expensive capital city for home buyers after Sydney, Melbourne, Canberra, Darwin and Brisbane.
$475,000 is a lot of money in anyone’s language, so engaging a buyer’s agent can be a crucial step to help you save money when buying a home. Not only will an agent negotiate the best possible price on your behalf, but they can also give you extra bargaining power compared to other buyers.
Which Perth suburbs are popular among home buyers in 2017?
Median sales price: $286,000
Located just 6km from the CBD, Glendalough boasts a convenient location, strong transport links and high-density living options. The median sales price in Glendalough in the past 12 months is $286,000, a drop of 7.7% on the previous year.
Median sales price: $450,00
This inner-city suburb sits to the north of the CBD and is home to a host of great dining and entertainment options. Its median sales price of $450,000 has fallen 8.2% in the past 12 months.
Median sales price: $298,500
Leda is found approximately 35km south of the Perth CBD and promises affordable, family-friendly living. Its median sales price of $298,500 represents a drop of 8.2% in the past 12 months.
Median sales price: $520,000
Located close to the airport and with a family-friendly lifestyle, Maida Vale is another suburb in high demand. Maida Vale’s median sales price of $520,000 has fallen 1.2% in the past 12 months.
Median sales price: $282,000
A regional hub on the rise, Armadale offers strong transport links, easy access to shopping centres and affordable family housing. Its median sales price of $282,000 has fallen 9% in the past 12 months.